Property detail

Field Value
Location Address 247 WORTH AVE
Municipality PALM BEACH
Parcel Control Number 50-43-43-23-05-015-0480
Subdivision ROYAL PARK ADD TO P B IN
Official Records Book/Page 31193 / 750
Sale Date 01/30/2020
Legal Description ROYAL PARK ADD LTS 48 TO 51 INC BLK 15

Owner INFORMATION

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Owner(s) Mailing Address Actions
HOLBROOK REAL ESTATE LLC
980 S OCEAN BLVD
PALM BEACH FL 33480 4909

Sales INFORMATION

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Sales Date Price OR Book/Page Sale Type Owner
01/30/2020 $9,437,274 31193 / 00750 QUIT CLAIM HOLBROOK REAL ESTATE LLC
12/31/2012 $1,238,063 25685 / 01384 QUIT CLAIM HOLZER JANE B &
12/31/2012 $1,238,063 25685 / 01161 QUIT CLAIM HOLZER EMMA JANE TRUST
12/27/2012 $2,476,125 25685 / 01154 QUIT CLAIM HOLZER CHARLES R
10/01/1996 $100 09494 / 00471 LIFE ESTATE HOLZER JANE B
06/01/1996 $100 09343 / 01592 DEED OF TRUST
06/01/1996 $100 09343 / 01590 DEED OF TRUST
06/01/1983 $600,000 03966 / 00306
04/15/1982 $0 3710 / 01240 WARRANTY DEED
10/30/1974 $0 3706 / 01022 WARRANTY DEED

NOTE: Sales do not generally appear in the PAPA database until approximately 1 to 3 weeks after the closing date.
If a recent sale does not show up in this list, please allow more time for the sale record to be processed.

Exemption INFORMATION

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No Exemption Information Available.

Property INFORMATION

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SUBAREA AND SQUARE FOOTAGE
FOR BUILDING 1

Code Description square Footage
MULTIPLE TENANT RETAIL SAL 2765
APARTMENT 2136
MULTIPLE TENANT RETAIL SAL 4786
MULTIPLE TENANT RETAIL SAL 2878
Total Square Footage 12565

Field Value
Total Number of Units Per Parcel 0
Total Square Feet* 17297
Acres .29
Property Use Code 1200—STORE/OFFICE/RESIDENTIAL
Zoning C-WA—COMMERCIAL WORTH AVE (50-PALM BEACH)

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*May indicate living area in residential properties.

Structural Element
for Building 1

Field Value
Year Built 1950
DOWNTOWN ROW TYPE 12565

Print Building 1 Details

 

Sketch
for Building 1

SUBAREA AND SQUARE FOOTAGE
FOR BUILDING 2

Code Description square Footage
OFFICES 2366
RESTAURANT 2366
Total Square Footage 4732

Field Value
Total Number of Units Per Parcel 0
Total Square Feet* 17297
Acres .29
Property Use Code 1200—STORE/OFFICE/RESIDENTIAL
Zoning C-WA—COMMERCIAL WORTH AVE (50-PALM BEACH)

Request Structural Details Change

*May indicate living area in residential properties.

Structural Element
for Building 2

Field Value
Year Built 1950
DOWNTOWN ROW TYPE 4732

Print Building 2 Details

 

Sketch
for Building 2

Property Extra Features

No Extra Feature Available

Property Land Details

Land Line # Description Zoning Acres
1 COMMERCIAL C-WA 0.2870

Appraisals

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Tax Year 2026 P 2025 2024 2023 2022
Improvement Value $8,849,100 $5,286,470 $5,399,280 $4,435,400 $4,885,680
Land Value $19,700,000 $13,750,000 $10,326,875 $10,946,488 $9,835,078
Total Market Value $28,549,100 $19,036,470 $15,726,155 $15,381,888 $14,720,758
Tax Year 2026 P 2025 2024 2023 2022 2021 2020 2019 2018 2017
Improvement Value $8,849,100 $5,286,470 $5,399,280 $4,435,400 $4,885,680 $4,582,920 $4,679,410 $4,537,630 $4,546,850 $4,387,670
Land Value $19,700,000 $13,750,000 $10,326,875 $10,946,488 $9,835,078 $7,504,403 $7,079,625 $6,742,500 $6,546,125 $6,234,375
Total Market Value $28,549,100 $19,036,470 $15,726,155 $15,381,888 $14,720,758 $12,087,323 $11,759,035 $11,280,130 $11,092,975 $10,622,045

P = Preliminary

All values are as of January 1st each year

Assessed & taxable values

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Tax Year 2026 P 2025 2024 2023 2022
Assessed Value $22,437,798 $17,298,771 $15,726,155 $14,625,661 $13,296,055
Exemption Amount $0 $0 $0 $0 $0
Taxable Value $22,437,798 $17,298,771 $15,726,155 $14,625,661 $13,296,055
Tax Year 2026 P 2025 2024 2023 2022 2021 2020 2019 2018 2017
Assessed Value $22,437,798 $17,298,771 $15,726,155 $14,625,661 $13,296,055 $12,087,323 $9,535,715 $8,668,832 $7,880,756 $7,164,324
Exemption Amount $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
Taxable Value $22,437,798 $17,298,771 $15,726,155 $14,625,661 $13,296,055 $12,087,323 $9,535,715 $8,668,832 $7,880,756 $7,164,324

Taxes

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Tax Year 2026 P 2025 2024 2023 2022
AD VALOREM $371,017 $268,199 $233,854 $224,452 $215,311
NON AD VALOREM $42,431 $38,171 $36,238 $37,609 $34,666
TOTAL TAX $413,449 $306,370 $270,092 $262,061 $249,978
Tax Year 2026 P 2025 2024 2023 2022 2021 2020 2019 2018 2017
AD VALOREM $371,017 $268,199 $233,854 $224,452 $215,311 $196,118 $172,867 $164,148 $149,543 $142,740
NON AD VALOREM $42,431 $38,171 $36,238 $37,609 $34,666 $32,627 $27,799 $27,605 $26,686 $27,558
TOTAL TAX $413,449 $306,370 $270,092 $262,061 $249,978 $228,745 $200,665 $191,753 $176,230 $170,298

BUYERS TAKE NOTE: Taxes will change and often increase substantially when a property sells. The seller’s exemption benefits will GO AWAY the year after they sell and this may result in higher taxes for a buyer. Please use the Property Tax Calculator to get a better annual tax estimate if you are purchasing this property.